Connecticut General Statutes 3-123www – Enrollment in partnership plan prohibited
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On and after October 1, 2015, no nonstate public employer, as defined in § 3-123rrr, shall enroll any nonstate public employee, as defined in § 3-123rrr, in the partnership plan, as defined in § 3-123aaa. Nothing in this section shall be construed to require any nonstate public employer enrolled in the partnership plan to enroll in the state employee plan, as defined in § 3-123rrr.
Terms Used In Connecticut General Statutes 3-123www
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.